Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws.

Apple and manufacturing partner Foxconn on Monday rebutted allegations of lapses in people management leveled by a non-profit monitor of worker rights, though confirmed they employed too many temporary workers.

Two of China's big three state telecom companies, China Telecom and China Unicom, are working together to build a 5G mobile network in a cost-cutting venture that could crimp orders for vendors such as Huawei Technologies.

Australian government officials advised India to ban Chinese technology maker Huawei from supplying parts for a rollout of a high-speed telecommunications network, Australian newspapers reported on Tuesday.

TAIEX (TSE)

10827.55

+37.20

+0.34%

TSE electronic

451.37

+1.74

+0.39%

GTSM (OTC)

140.73

+0.60

+0.43%

OTC electronic

208.81

+1.55

+0.75%

Global AIO PC shipments will continue shrinking in 2019. With issues such as US-China trade tensions and Intel CPU shortages, and Lenovo and Apple having been cutting their orders, Taiwan makers are also expected to see their related shipments to be impacted.

According to Digitimes Research, Taiwan-based server vendors, including suppliers of motherboards, end systems, storage devices and related network equipment, continue to enjoy growth in 2018. In terms of volume, global server shipments will show continuing growth throughout 2018 and 2019.

Amid bleak outlook for downstream vendors, uncertainties surrounding the US-China trade tension, factory relocation and exchange rate volatility, global smartphone AP shipments may experience further decline in 2019, down two years in row, according to Digitimes Research estimates.